Saudi Arabia will need huge financial and technical resources to build NEOM on the scale it envisages.
Read More »Putin: US Sanctions Aimed at Forcing Russia Out of European Energy Market
Putin is confident that in the modern world. strategic gains at the expense of other countries are impossible.
Read More »OPEC Doesn’t Control Oil Market
In December 2016 in Vienna. 11 non-OPEC countries. including Azerbaijan. agreed to curtail oil output jointly by 558.000 barrels per day.
Read More »Saudi Oil Minister Upbeat on Oil as He Visits Baghdad
Khalid Al Falih welcomes increasing cooperation between Iraq and kingdom.
Read More »Can Trump Drive a Wedge Between Saudi-Russian Alliance?
In Europe. American infringement of Russian dominance in gas markets is even clearer.
Read More »Gerhard Schroeder Says Isolating Moscow Impossible
The United States would like to weaken Russia’s energy cooperation with the European Union.
Read More »Europe Strongly Backs Iran`s Nuclear Accord
JCPOA is the official title of the nuclear deal. which stands for the Joint Comprehensive Plan of Action.
Read More »Trump`s policy Don`t Affect Iran-India Ties
US is trying to ensure that India reduces oil imports from Iran.
Read More »Iran Ready to Discuss Joint Energy Projects with US Companies Despite Sanctions
US President Donald] Trump himself barred US companies from entering Iran. we did not shut the way down.
Read More »OPEC Deal Extension May Be Unnecessary
The current reduction deal is sufficient to achieve the desired purpose.
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